5 Best Market You Should Be Serving Now!

1K Blog Marathon: Day 12

In the online world, there are two types of people: Consumer and Producer. I want to talk about the “Consumer” types of people. And as I run my 1k Blog Marathon, I like to learn many things about online entrepreneurship. I’m just a newbie blogger, and in order to fully understand this career, I should immerse myself in different aspects of it.

I love to consume podcasts. The first business podcast that I listened to is The Freelance Blend Podcast by Mr. Marv de Leon. I don’t remember the podcast episode, but I have my written notes from that particular topic. So, without further ado…

Tip #1. Evergreen Market

Evergreen Market is by far the best. Like an evergreen content, evergreen market stood still through the ages. When we talk about this, we are focusing on the things that we all need “all year round”. Examples of this market is food industry, shelter, clothing – or the 3 basic needs.

Tip #2. Enthusiast Market

Enthusiasts, or hobbyists, is a good market niche to set target. This market answers the “wants” of the people. It is not necessarily needed, but still important. And many people are starting their own businesses around their interests. You can support this market by providing the supplies to better improve the people’s skills and interest in the niche. For example, if your target enthusiast market is Dog Owners, you can sell them unique dog supplies like anti-theft mechanism, or instant medication when the pet accidentally ingest chocolate. You can also sell them multiple things, like seasonal fashion dress.

Tip #3. Urgent Problem Market

Solving an “urgent problem” does not only give you a best shot at entrepreneurship, it can also pave a way for being an authority in that matter. For example, there is an urgent problem in business website securities due to a computer virus. If you can solve that problem instantly, lift away the burdens of your subject, you will become their “trusted” person. You know, when problems arises, people are willing to pay more for a faster and better solution.

Tip #4. Future Problem Market

Aside from the urgent problem (present) you can also serve the market of the future problems. This means that you will use data to predict the problems that may arouse. For example, you can target newbies business owners and offer them solutions for the problems that they may encounter in running their business like human resources, financial and accounting, and even office solutions.

Tip #5. PWMs. Players With Money.

You can never go wrong following the players with money. If your service or product is compelling enough, they will know it. They become successful because they know how to spot the good and bad things in entrepreneurship. And if you offer your product or service to this market, for even only one client, you can hit a jackpot. Why? Because they are players with money!

Penetrating the online market is not rocket science. You just do your assignment and take actions for every research that you will do. I hope someday I can really do this things and take a full action for a better future of my family. I hope like me, you also learned many things from these tips. Thank you for your time folks!

“And that’s one blog, stay hungry!”